Wed, December 08, 2021


SET rallies on news of vaccine, US transition

The Stock Exchange of Thailand (SET) Index closed at 1,415.72 on Wednesday, up 14.09 points or 1.01 per cent. Total transactions amounted to Bt117 billion with an index high of 1,428.36 and a low of 1,392.42.

In the morning session, an analyst at Krungsri Securities expected the day’s index to fluctuate between 1,390 and 1,415 points amid forecasts of a smooth US presidential transition, progress on Covid-19 vaccines and the rising oil price.

“However, mass selloffs to reduce risk caused by pro-democracy protesters’ anti-government rally [today] will pressure the index,” he said.

The 10 stocks with the highest trade value today were PTT, KBANK, PTTEP, AOT, SAWAD, ADVANC, MINT, CPALL, PTTGC and CPF.

As of 4.30pm, the price of oil rose by US$0.35 or 0.78 per cent to $45.26 per barrel, while gold rose by $4.60 or 0.25 per cent, to $1,809.20 per ounce.

Other Asian indices were mixed:

Japan’s Nikkei Index closed at 26,296.86, up 131.27 points or 0.50 per cent.

China’s Shang Hai SE Composite Index closed at 3,362.33, down 40.50 points or 1.19 per cent, while the Shenzhen SE Component Index closed at 13,656.10, down 246.44 points or 1.77 per cent.

Hong Kong's Hang Seng Index closed at 26,669.75, up 81.55 points or 0.31 per cent.

South Korea's KOSPI Index closed at 2,601.54, down 16.22 points or 0.62 per cent.

Taiwan's TAIEX Index closed at 13,738.83, down 68.30 points or 0.49 per cent.



Published : November 25, 2020

By : The Nation